To make money, be a sailor or a nurse
That’s what the new government college scorecard tells us.
I’ve always recommended nursing as the best career option for less intelligent students, and I was right on the money. Literally.
I am surprised that maritime colleges perform so well. I know very little about that students learn at these colleges and what sort of jobs they get after graduation.
Below these top two types of schools, highest salaries come from engineering schools and elite schools (such as Ivy League schools).
Interpreting the subtleties of the scorecard will be too difficult for most dumb people. For some mysterious reason, the crappy for-profit University of Phoenix comes out looking pretty good as far as salaries go, so something looks wrong. Where do the numbers come from? Who is auditing them?
Additionally, the salary is heavily influenced by location (there are higher salaries in high cost-of-living areas like New York City) and what students are majoring in and there is no information about how a different major at a particular school could dramatically change the expected salary outcome.
The listed cost of attending is very confusing, because it shows the cost for students who receive financial aid, so the least expensive schools appear to be the ones with the poorest students because they receive the most financial aid. It is much better to look at how much your child will be paying and not how much other people are paying which doesn’t really help the parent or student using this tool.